Ripple ($XRP) Futures Open Interest Spiked By 41.6% Last Week, Reaching $3.42B

By: cryptonews|2025/05/14 09:30:04

Ripple ($XRP), the world’s fourth-largest digital currency in terms of market capitalization, has seen a significant rise in futures open interest as well as in its price value. $XRP Futures Open Interest has spiked by a staggering 41.5% within the duration of just seven days. $XRP Futures Open Interest has surged by over $1B in the past week, rising from $2.42B to $3.42B (+41.6%). This sharp increase in leverage coincides with a price rally from $2.14 to $2.48, suggesting elevated speculative activity and growing directional conviction, pic.twitter.com/QbsaOM9oxE $XRP Futures Open Surges By $1B Over the Last Week The native digital currency of the cross-border payments firm Ripple has registered potential gains in the past week. According to new data shared by Glassnode, the futures open interest of XRP surged by more than $1 billion over the course of the last week. The futures open interest skyrocketed by 41.6% and touched the figure of $3.42 billion while rising from $2.42 billion in the past week. This massive surge has come as a result of the price rally that was registered by the fourth-largest digital currency. This spike also signals the growth of directional conviction as well as rising speculative activity. Rise In Futures Open Interest May Trigger $XRP Price Rally This spike in the futures open interest of XRP might affect the crypto market in positive terms, triggering the price value of the coin to skyrocket in the short-term case scenario. When the futures open interest moved up last week, the price value of $XRP also jumped to register its two-month high value of $2.62 on the 12th of May this year. The price value of the coin skyrocketed from its consolidation level of $2.13. As of the time of writing, the price value of Ripple ($XRP) is trading at around $2.55 with a positive change rate of 5.48% in the past 24 hours. However, the rise in the coin’s futures open interest indicates that the coin might enter into a massive bullish rally in the days to come and might break its year high of $3.29.

A Polymarket user supported nearly half of Trade.xyz's "active addresses" with 34,000 wallets, yet contributed less than 1% of the trading volume. The real support for the market comes from market-making institutions like Jump, Selini, and Wintermute, as well as a group of directional traders crossi...

Binance quietly placed a bet on a leading large model company

In the past year, YZi Labs has significantly accelerated its investments in the AI field, from educational agents to physical robots, and then to large models, with crypto capital and AI technology rapidly integrating.

Best Crypto Discord Server 2026: Why Jacob’s Crypto Clan Is Gaining Massive Attention

Jacob’s Crypto Clan has grown into one of the most active crypto Discord communities, with over 45K members and continuing to expand. This rapid growth reflects strong demand for structured trading insights and real-time collaboration.

Tom Lee Buying ETH: Why Wall Street’s Loudest Ethereum Bull Keeps Doubling Down

Tom Lee keeps buying ETH through every dip, every drawdown, and every moment of market doubt. Inside the strategy that's turning Ethereum into a treasury asset — and what it signals for the rest of the market.

Stripe Sessions 2026: AI Agent, Global Payments, and Invisible Crypto Infrastructure

Stablecoins have finally begun to enter the real business world, but this time, the main character may not be exchanges, wallets, or public chains, but Stripe. It encapsulates KYC, wallets, gas, compliance, and settlement, allowing businesses to access on-chain assets just like using regular payment...

Where will South Korea's cryptocurrency taxation head?

There is little time left before South Korea implements cryptocurrency taxation, but the current tax laws only cover simple spot and currency-to-currency transactions. Driven by the international tax information exchange standard (CARF), South Korea is comprehensively building an intelligence analys...

Legendary investor Naval: Apple is dead, SaaS will follow suit, and entrepreneurs have 18 months to reshape their moats

"You can continue to hold Apple stock. Just don't expect that what you hold is stock in a growth company."

Morning Report | Visa includes Polygon in its global stablecoin settlement program; MoonPay invests $100 million to acquire security company Sodot; Digital wallet platform Belo completes $14 million Series A financing

Overview of Important Market Events on April 29

Full text of the Federal Reserve's decision: Holding steady for the third consecutive time but increasing divisions

The Federal Reserve has kept interest rates unchanged for the third consecutive time, but there were internal voting disagreements, with one official advocating for a rate cut while three others opposed signaling easing. The situation in the Middle East and fluctuations in energy prices further ampl...